Blue Dart Express rises on signing memorandum of understanding with NCRTC
Blue Dart Express is currently trading at Rs. 4569.35, up by 8.75 points or 0.19% from its previous closing of Rs. 4560.60 on the BSE.
The scrip opened at Rs. 4599.95 and has touched a high and low of Rs. 4613.00 and Rs. 4525.00 respectively. So far 267 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 7030.15 on 30-Oct-2025 and a 52 week low of Rs. 4460.05 on 05-Oct-2026.
Last one week high and low of the scrip stood at Rs. 4779.75 and Rs. 4460.05 respectively. The current market cap of the company is Rs. 10736.89 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 17.82% and 7.18% respectively.
Blue Dart Express has signed a Memorandum of Understanding (MoU) with the National Capital Region Transport Corporation (NCRTC) to explore the movement of express parcels on the Delhi-Ghaziabad-Meerut Namo Bharat corridor. The collaboration will examine how the company’s pickup and delivery network can move express parcels utilizing the transformational regional rail connectivity to serve businesses and customers across the National Capital Region. As part of the MoU, the two organisations will assess operational requirements, parcel volumes, station facilities, service standards and commercial arrangements to arrive at a feasible solution.
The 82 km Namo Bharat corridor connects Delhi, Ghaziabad and Meerut. Its Sarai Kale Khan station is seamlessly connected to Hazrat Nizamuddin railway station and the inter-state bus terminal, while the Anand Vihar station also has been connected to the Anand Vihar railway station and two inter-state bus terminals. Such multi-modal connectivity makes the corridor relevant to the movement of shipments between established transport hubs and the businesses they serve. The proposed approach would set-up an optimal link between the semi-high-speed regional rail movement with the company’s existing pickup and delivery services, subject to operational feasibility and arrangements agreed by both organisations.
